Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Books were nearly three times the issue size
◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
After a record 2024, Turkish corporate issuance slowed last year
More articles/Ad
More articles/Ad
More articles
-
-
Fair value is about 180bp over mid-swaps says a banker on the trade -
Demand nearly four times the deal size allowed pricing to tighten sharply
-
There was high book attrition, about 45%, between guidance and final pricing
-
EPH tightened the spread by 30bp, something it was unable to do last year on a bond issue
-
Strong European participation suggests investors are shrugging off Russia war
